Petrol, Diesel Prices Slashed By Up To 16 Paise Across Metros

State-owned oil marketing companies on Monday revised prices of the two auto fuels across the metro cities. As per the notification from Indian Oil Corporation, petrol and diesel prices were slashed between 13 paise to 16 paise respectively. In Delhi, petrol rates were cut by 14 paise bring down the price to Rs. 81.72 per litre from Rs. 81.86 per litre. The prices of diesel were also slashed to Rs. 72.78 per litre, after a revision of 15 paise. Both the auto fuels remained untouched on Sunday after receiving a price cut on Saturday.

By Charanpreet Singh

1 mins read

Published on September 14, 2020

Highlights

Petrol & diesel prices slashed across all metro cities
Fuel prices vary from state-to-state depending on VAT or local sales tax
Petrol and diesel prices are reviewed daily by the state-run OMCs

State-owned oil marketing companies on Monday revised prices of the two auto fuels across metro cities. As per the notification from Indian Oil Corporation, petrol and diesel prices were slashed between 13 paise to 16 paise respectively. In Delhi, petrol rates were cut by 14 paise bring down the price to Rs. 81.72 per litre from Rs. 81.86 per litre. The price of diesel was also slashed to Rs. 72.78 per litre, after a revision of 15 paise. Rates of both the auto fuels remained unchanged on Sunday after receiving a price cut on Saturday. Also Read: Petrol, Diesel Prices Slashed By Up To 13 Paise Across Metros Petrol rates have been reduced for the third time this month In Mumbai, petrol and diesel rates were cut by 13 paise and 16 paise, bringing down the rates to Rs. 88.51 and Rs. 79.29 for per litre respectively. Buyers in Chennai will now have to pay Rs. 84.72 for a litre of petrol & Rs. 78.12 for one litre of diesel. Petrol and diesel in Kolkata now cost Rs. 83.23 per litre and Rs. 76.28 per litre respectively. Here are the prices of petrol and diesel in the four metros on September 14: City Petrol Diesel Delhi Rs. 81.72 Rs. 72.78 Mumbai Rs. 88.38 Rs. 79.29 Kolkata Rs. 83.23 Rs. 76.28 Chennai Rs. 84.72 Rs. 78.12 Hindustan Petroleum Corporation, Indian Oil Corporation and Bharat Petroleum Corporation are the three major oil retailing companies in the country. They review petrol and diesel rates on daily basis and make necessary revisions across all the fuel pumps that come into effect from 6 am IST. Also Read: Diesel Prices in Delhi Slashed By 11 Paise; Petrol Rates Remain Unchanged In Mumbai, petrol and diesel now retail at Rs. 88.38 per litre & Rs. 79.29 per litre, respectively This is the third time where petrol rates have been slashed in this month. Previously, petrol and diesel rates across the metros were cut by 13 paise and 12 paise respectively on September 13, 2020. Moreover, Diesel has seen the sixth price cut so far this month in the capital city, seeing a total price cut to 76 paise.